Posted by Addison Henry in Bankruptcy Attorney
on Jul, 2018 | 0 comments
According to various historical texts, it is believed that the first official lawyer came about in ancient Greece sometime around 620 BCE. These professionals were able to transform many of the implicit, unsophisticated customs of the time, which included eye-for-an-eye murders that would eventually regress into generational bloodline feuds. However, the field of law has advanced significantly over the years, and we now rely on well-established codifications to provide structure, constancy, and, most importantly, fairness within our justice system, which is why your local lawyer plays such a pivotal role in today’s day and age. Some Beguiling Bits of Information Regarding Lawyers Before we pinpoint the most esteemed, trustworthy lawyer in Effingham, IL, let’s peek behind the curtain and assess some of the more obfuscated facts and figures about the modern legal landscape: * The United States features the highest rate of solicitors per capita in the entire world with almost 1.3 million formally licensed attorneys offering services nowadays. * This figure is expected to growing well into the next decade as our nation’s law schools crank out roughly 38,000 to 42,000 new graduates each year. * Becoming an attorney is not easy by any stretch of the imagination; the educational and vocational process can take up to a decade before the individual is able to open his or her own practice. * The Internal Revenue Code is comprised of more than 7,500 pages, and there are upwards of 20,000 distinctive laws that regulate gun ownership, but it’s worth mentioning that no one knows exactly how many federal laws are actually on the books. Additionally, there are approximately 10 million criminal allegations and proceedings per year in America, which means that the odds of getting caught in the grips of our country’s court system are much higher than you’d think. Where Can I Find a Prominent Attorney? If you find yourself in need of a lawyer to help you with a personal injury, worker’s compensation filing, bankruptcy situation, or perhaps to assist your family with the will writing process, you should ascertain an accredited, certified team of professionals that can handle all of the most common scenarios on an in-house basis. In this regard, feel free to get ahold of an expert from Smith Law, LTD who can help you navigate your legal issues in a personalized, cost-conscious fashion. Be the first to like. Like...
Posted by Addison Henry in Bankruptcy Attorney
on Aug, 2016 | 0 comments
While there’s not much in the way of assets other than the house and some money in the bank, it would be nice to ensure everything did end up in the hands of the right person once the owner passes. To ensure that all details are worked out in advance, it pays to sit down with one of the Estate Planning Lawyers and come up with a plan. Here are some of the ways that the lawyer can expose the client to different approaches and point out the merits of each one. Adding Life Insurance to the Mix At present, the only life coverage the client has is through work. Even then, the amount is not that great. What’s really needed is something that would help settle all final expenses. Most Estate Planning Lawyers will want to start with the basics like insurance and deciding who should receive what assets that are already in hand. Based on the circumstances of the client, the lawyer may recommend a term life plan with a fixed payout, or urge the client to look into options for a whole life policy. Establishing Trusts Would it be prudent to set up some type of trust? It’s not unusual for parents to set up funds that are structured along the lines of what’s known as a family corporation. Essentially, investments are secured in the name of the corporation, and the children have the option of receiving a monthly stipend based on the net profits. This is a wonderful way to provide the children with some type of income that helps with college expenses, getting by while launching a career, and may even provide a source of revenue once the child retires. Gifts to Organizations Some people like the idea of leaving something behind for organizations close to their hearts. Houses of worship and local charities are two examples. The lawyer can structure the estate documents so those types of gifts can be passed on with ease. Now is the right time to think about estate planning. Call the Law Offices of Tara M. George PC and make an appointment today. Bring along documents that make it easy to assess the current financial situation of the client. It won’t take long to lay the foundation for the planning, and even discuss ways to grow the estate over time. Connect with us with on Google+! Be the first to like. Like...